First Niagara Supports Lackawanna Housing Development Corporation

Bank will provide financial support for first time home buyers

The First Niagara Foundation and Lackawanna Housing Development Corporation are partnering to provide education and financial support for first time home buyers in Lackawanna.

The program will help target a section of the community that the Lackawanna Housing Development Corporation has identified for redevelopment and revitalization. The free home ownership classes will offer education on financial planning for home purchases, credit issues, mortgage applications and foreclosure prevention. The First Niagara Foundation is providing a $10,000 grant to fund the program.

“First Niagara is committed to revitalizing Western New York’s neighborhoods,” said Buford Sears, First Niagara Buffalo Market Executive. “We’re working with the Lackawanna Housing Development Corporation to help families realize their dream of home ownership – and build toward the future success of this community.”

The Lackawanna Housing Development Corporation says their mission is to support sound residential development by creating home ownership opportunities for low to moderate income prospective home buyers.

About The First Niagara Foundation

First Niagara Foundation is a not for profit corporation founded in 1998. The Foundation is committed to supporting organizations in the communities in which we live and work with specific focus on youth and education, community development and neighborhood revitalization. In 2012 the Foundation contributed more than $10 million in charitable grants to community partners. For more information, visit www.firstniagara.com/community.

About First Niagara

First Niagara, through its wholly owned subsidiary, First Niagara Bank, N.A., is a multi-state community-oriented bank with approximately 430 branches, approximately $37 billion in assets, $28 billion in deposits, and approximately 6,000 employees providing financial services to individuals, families and businesses across Upstate New York, Pennsylvania, Connecticut and Massachusetts.

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